Description
Sanctions Manager - HSBC
This is an initial 6 month contract based in Birmingham.
Role Purpose
- Act as a contact to the local Financial Crime Compliance teams who will liaise with the relevant businesses to ensure compliance with regards to Sanctions imposed by the UK, European Union (EU), United Nations (UN), and USA, whilst ensuring compliance with the HSBC Group's sanctions policy.
- Provide Sanctions advice and guidance to the front line business and other risk colleagues across the region.
- Provide training and awareness to the front line business and other risk colleagues across the region.
- Manage a team of subject matter experts in the processing of escalated level alerts.
- Provide leadership guidance and support to the team so as to optimize productivity and the effective management of risk to HSBC.
- To be an operational point of contact on Sanctions
- Assist the Senior Managers in supporting colleagues on Sanctions matters.
- Responsible to produce the required sanction reports such as quality assurance, management information and process reviews.
- Delivery of Sanctions training to Compliance colleagues
- Carry out investigations into circumvention attempts made and prepare reports to Senior Management and Group
- Lead by example, demonstrating core behaviours and values including teamwork, focus, drive and determination.
- Foster a close working relationship with local Compliance teams including the AML Advisory teams, and business, including keeping abreast of key business developments and any changes to procedures and practices.
- Work collaboratively across peer group and organisation.
- Develop, manage and motivate direct reports with a fair and consistent approach to managing performance.
Knowledge & Experience/Qualifications
- Deep understanding of UK/EU/UN/US sanctions essential
- Sanctions experience essential, preferably gained within HSBC or one of its peers
- This is a leadership position and the right person must be able to demonstrate effective leadership in similar roles
- Good understanding of business activities for a large global banking group with diverse operations from retail banking, wealth management, commercial banking, global banking, investments, transaction services, asset management, private banking and insurance
- Good understanding of the FCA rules (eg Systems and Controls) and all other relevant legislation and guidance, particularly in relation to the activities of the business lines supported
- Proven analytical skills, together with the ability to support decisions with sound reasoning
- Proven ability to clearly articulate business and regulatory implications of analysis and findings both to Compliance Colleagues and Business Heads
- Strong interpersonal skills with the ability to communicate effectively at all levels
- Proven team player with an open communication style
- Excellent verbal and written communication skills
- Ability to work under pressure and within tight time-lines
Please submit your CV in the first instance.